Income statement waterfall. Green diagonal stripes add to the running result, red diagonal stripes subtract from it, and a thin axis line marks the loss-zone boundary.
- Revenue: $17.18M. Running result $17.18M. Revenue: $17.18M.
- Cost of revenue: −$3.73M. Running result $13.44M.
- Gross profit: $13.44M. Running result $13.44M.
- Selling, general and administrative expenses (includes $862, $887, $2,101 and $1,736 to related parties, respectively): −$20.09M. Running result −$6.65M.
- Research and development expenses (includes $2,645, $1,060, $5,710 and $2,295 to related parties, respectively): −$3.39M. Running result −$10.04M.
- Operating income: −$10.04M. Running result −$10.04M.
- Other expense: −$117K. Running result −$10.15M.
- Pre-tax loss: −$10.15M. Running result −$10.15M.
- Income tax benefit: $0. Running result −$10.15M.
- Net loss: −$10.15M. Running result −$10.15M.
